Nursing Care Facilities Market: ZIP 19941
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 19941 is an suburban area. with a population of 3,120 and household incomes near the national median ($66,601).
Area Profile
3,120
Population
$66,601
Median Income
-11% vs. national
Suburban
Area Type
Median Age: 37.2 —
mixed-age market, broad menu appeal.
College-Educated: 11.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,310
2BR Fair Market Rent
$1,054
Median Gross Rent
$230 K
Median Home Value
Tips for Starting a Elder Care Business in Delaware
- State licensing for assisted living takes 6-12 months and involves facility inspections, staffing plans, and background checks. Start early.
- Staffing is your #1 cost and #1 challenge. CNA turnover runs 50-75% annually in most markets. Budget for constant recruiting.
- Medicare and Medicaid reimbursement rates vary by state. Some states pay well. Others don't cover costs. Know your state's rates before committing.
- Start small. A residential care home (6-8 beds) requires far less capital than a 50-bed facility and lets you prove your model.
Quick Facts
- Area Type
- Suburban
vs. National Average
Median Income
-11% vs. $74,580
Nearby Markets
19960
4.1 mi
Pop: 7,083
$66,929
Walk: 4.8
19947
8.6 mi
Pop: 19,343
$68,529
Walk: 9.3
19954
9.7 mi
Pop: 1,728
$61,823
Walk: 9.8
19968
10.1 mi
Pop: 14,791
$81,646
Walk: 6.3
19963
11.2 mi
Pop: 22,544
$65,420
Walk: 8.5
19950
11.9 mi
Pop: 7,822
$74,970
19933
12.9 mi
Pop: 11,409
$61,261
19951
14.0 mi
Pop: 1,957
$79,698
Check Another Market
Or estimate costs with the ElderCareCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits